Epoxy Composite Market Analysis, Demand, Revenue and Future investment Opportunities Till 2034
Global Epoxy Composite Market Growth, Size, Trends Analysis - By Fiber Type, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: May-2025 | Report ID: CHEM2566 | Pages: 1 - 250 | Formats*: |
| Category : Chemical & Materials | |||
Epoxy Composite Market Introduction and Overview
According to SPER Market Research, the Global Epoxy Composite Market is estimated to reach USD 88.2 billion by 2034 with a CAGR of 7.93%.
The report includes an in-depth analysis of the Global Epoxy Composite Market, including market size and trends, product mix, Applications, and supplier analysis. The Epoxy Composite Market was valued at about USD 41.12 billion in 2024 and is expected to grow at a rate of over 7.93% from 2025 to 2034. This market is important for the growth of the broader composite materials industry because of its useful properties and varied applications. Improvements in manufacturing technologies, like resin infusion and automated fiber placement, are increasing efficiency and lowering costs. Ongoing research is enhancing epoxy composite features, including bio-based resins and nanocomposites.
By Fiber Type Insights:
The glass fiber segment held the largest revenue share in 2024 and is expected to maintain its lead in the coming years. This increase is attributed to the increased usage of glass fibres in automotive and marine applications, which are cost-effective. Using composite materials instead of metals improves fuel efficiency and vehicle performance. Glass fibers have a high strength-to-weight ratio, making them suitable for many applications.
However, some manufacturers prefer other epoxy composites like carbon and aramid fibers because recycling glass-fiber epoxy composites is challenging. The carbon fiber segment is anticipated to grow the fastest due to its superior properties.
By End-User Insights:
The automotive and transportation sector dominated the market in 2024 with the largest revenue share. Epoxy composites are favored for their high durability and light weight, making them suitable for various automotive parts, such as headliners, underbodies, and engine covers. The increasing demand for lighter, safer, and energy-efficient vehicles is driving product use in this sector, as automakers aim for better fuel efficiency due to carbon emission regulations.
The aerospace end-use segment is expected to grow significantly due to the increasing use of products in airplane, rocket, and missile structures to reduce weight and improve fuel efficiency. Low energy consumption and weight also enhance speed. Carbon fibre epoxy composites are popular in this application due to their great performance. Epoxy composites offer advantages in aerospace and defence, such as low weight, fatigue and corrosion resistance, high efficiency, and low dielectric loss.
Regional Insights:
In 2024, North America dominated the epoxy composites market. Global market growth is greatly impacted by North America's market dominance. With significant presences in important sectors like construction, automotive, aerospace, and defence, North America is a major centre for the development and use of epoxy composites. Epoxy composites can be developed and used in a favourable environment thanks to the region's sophisticated manufacturing capabilities, strong infrastructure, and supportive regulatory framework. Epoxy composites are widely used in parts for aeroplanes, military vehicles, and defence systems in the aerospace and defence industries, where strong, lightweight materials are crucial.
Market Competitive Landscape:
Key businesses are investing in R&D to improve existing composites and provide sophisticated, cost-effective alternatives. Furthermore, prominent companies are looking for growth prospects in a variety of end-use sectors by increasing the application area. However, the high manufacturing costs of composites are impeding the growth and profitability of the composites market globally. Other activities done by significant organisations include technological advances, partnerships, and mergers and acquisitions. Teijin Ltd, Toray Industries, Inc, Huntsman Corp. LLC, SGL Carbon, and Hexcel Corp are some of the leading competitors in the worldwide epoxy composite market.
Recent Developments:
Hexcel Corporation stated in April 2023 that it would expand its carbon fibre production capacity in France to meet the growing demand for epoxy composites in aerospace and industrial applications.
In February 2023, Epsilon Composite announced a substantial technological development in CFRP Pultrusion and Pull Winding processes. This development is projected to increase the demand for high-performance epoxy composites in a variety of industrial applications.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Fiber Type, By End-User |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Teijin Ltd, Toray Industries, Inc, Huntsman Corp. LLC, SGL Carbon, Hexcel Corp, Solvay, Park Aerospace Corp, Arkema, Avient Corp, Olin Corp. |
Key Topics Covered in the Report
- Global Epoxy Composite Market Size (FY’2021-FY’2034)
- Overview of Global Epoxy Composite Market
- Segmentation of Global Epoxy Composite Market By Fiber Type (Glass Fiber, Carbon Fiber, Other Fiber)
- Segmentation of Global Epoxy Composite Market By End-User (Automotive & Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Sporting & Consumer Goods, Other End-use)
- Statistical Snap of Global Epoxy Composite Market
- Expansion Analysis of Global Epoxy Composite Market
- Problems and Obstacles in Global Epoxy Composite Market
- Competitive Landscape in the Global Epoxy Composite Market
- Details on Current Investment in Global Epoxy Composite Market
- Competitive Analysis of Global Epoxy Composite Market
- Prominent Players in the Global Epoxy Composite Market
- SWOT Analysis of Global Epoxy Composite Market
- Global Epoxy Composite Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Epoxy Composite Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Epoxy Composite Market
7. Global Epoxy Composite Market, By Fiber Type (USD Million) 2021-2034
- 7.1. Glass Fiber
- 7.2. Carbon Fiber
- 7.3. Other Fiber
8. Global Epoxy Composite Market, By End-User (USD Million) 2021-2034
- 8.1. Automotive & Transportation
- 8.2. Aerospace & Defense
- 8.3. Wind Energy
- 8.4. Electrical & Electronics
- 8.5. Sporting & Consumer Goods
- 8.6. Other End-user
9. Global Epoxy Composite Market, (USD Million) 2021-2034
- 9.1. Global Epoxy Composite Market Size and Market Share
10. Global Epoxy Composite Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
11.Company Profile
- 11.1. Teijin Ltd
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Toray Industries, Inc
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Huntsman Corp. LLC
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. SGL Carbon
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Hexcel Corp
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Solvay
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Park Aerospace Corp
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Arkema
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Avient Corp
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Olin Corp
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Epoxy Composite Market is projected to reach USD 88.2 billion by 2034, growing at a CAGR of of 7.93% during the forecast period.
Epoxy Composite Market grew in Market size from 2025. The Market is expected to reach USD 88.2 billion by 2034, at a CAGR of 7.93% during the forecast period.
Epoxy Composite Market CAGR of 7.93% during the forecast period.
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Epoxy Composite Market size is USD 88.2 billion from 2025 to 2034.
Epoxy Composite Market is covered By Fiber Type, By End-User
The North America is anticipated to have the highest Market share in the Epoxy Composite Market .
Teijin Ltd, Toray Industries, Inc, Huntsman Corp. LLC, SGL Carbon, Hexcel Corp, Solvay, Park Aerospace Corp, Arkema, Avient Corp, Olin Corp.
The report includes an in-depth analysis of the Global Epoxy Composite Market, including market size and trends, product mix, Applications, and supplier analysis.
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